Janus Henderson Group PLC increased its holdings in shares of OSI Systems, Inc. (NASDAQ:OSIS – Free Report) by 2.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 772,314 shares of the technology company’s stock after buying an additional 19,747 shares during the period. Janus Henderson Group PLC’s holdings in OSI Systems were worth $205,056,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. Royal Bank of Canada lifted its stake in shares of OSI Systems by 519.8% in the 1st quarter. Royal Bank of Canada now owns 10,257 shares of the technology company’s stock valued at $1,993,000 after purchasing an additional 8,602 shares during the period. AQR Capital Management LLC grew its stake in shares of OSI Systems by 64.2% during the first quarter. AQR Capital Management LLC now owns 11,656 shares of the technology company’s stock worth $2,265,000 after purchasing an additional 4,558 shares during the period. Strs Ohio acquired a new stake in shares of OSI Systems during the first quarter worth $97,000. Amundi increased its holdings in OSI Systems by 76,360.0% in the second quarter. Amundi now owns 3,823 shares of the technology company’s stock valued at $874,000 after purchasing an additional 3,818 shares during the last quarter. Finally, Gamco Investors INC. ET AL bought a new stake in OSI Systems in the second quarter valued at about $801,000. 89.21% of the stock is currently owned by institutional investors and hedge funds.
OSI Systems Stock Performance
OSIS stock opened at $219.92 on Friday. The business’s 50-day moving average price is $216.94 and its two-hundred day moving average price is $252.62. The company has a current ratio of 3.25, a quick ratio of 2.42 and a debt-to-equity ratio of 1.12. The firm has a market cap of $3.62 billion, a PE ratio of 25.11, a P/E/G ratio of 1.60 and a beta of 1.20. OSI Systems, Inc. has a 1-year low of $197.27 and a 1-year high of $311.72.
Insider Buying and Selling at OSI Systems
In related news, Director Deepak Chopra sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $281.84, for a total value of $5,636,800.00. Following the completion of the transaction, the director directly owned 253,044 shares in the company, valued at approximately $71,317,920.96. The trade was a 7.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.30% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on OSIS shares. Citigroup reduced their target price on OSI Systems from $345.00 to $279.00 and set a “buy” rating on the stock in a report on Monday, May 18th. Bank of America lowered their price target on OSI Systems from $315.00 to $300.00 and set a “buy” rating for the company in a research note on Monday, July 20th. Roth Capital reiterated a “buy” rating and issued a $310.00 price target on shares of OSI Systems in a research report on Tuesday, May 5th. Finally, Weiss Ratings lowered shares of OSI Systems from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 8th. Six equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $291.86.
Get Our Latest Research Report on OSI Systems
OSI Systems Profile
OSI Systems, Inc (NASDAQ: OSIS) is a publicly traded technology company founded in 1987 and headquartered in Hawthorne, California. The company designs, develops and manufactures advanced security and inspection systems, optoelectronic devices and medical imaging equipment. Over its history, OSI Systems has grown its product offerings through internal research and development as well as strategic acquisitions, expanding its capabilities in mission-critical sensing and inspection technologies.
OSI Systems operates three primary business segments.
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